Bilateral Contracts definition
Examples of Bilateral Contracts in a sentence
Further, where a non-resident market participant only imports electricity into Canada for sale into the IESO market (i.e., they do not also withdraw electricity from the IESO-controlled grid, and are not engaged in Physical Bilateral Contracts), the value of imports for CBSA purposes should coincide with charge type 100 (Net Energy Market Settlement for Generators and Dispatchable Load) and charge type 1131 (Intertie Offer Guarantee Settlement Credit – Energy) amounts recorded on the IESO invoice.
Privity and the Concept of a Network Contract, 10 Legal Studies, 12-37 (1990); Wellenhofer, M., Third Party Effects of Bilateral Contracts Within the Network, in Amstutz, M./Teubner, G.
In Tariff Bilateral Contracts refers to the Market Participants who have active contracts with LAGIE for the sale of electricity produced by renewable sources production unit/s with a capacity greater than 10 MW (>10MW) and wish to use LAGIE as RRM to report the details of the corresponding contracts to ACER.
REMIT Reporting Service for Bilateral Contracts is available to any Market Participant who wishes to use HEnEx as an RRM to report its bilateral contracts for the supply of electricity and/or natural gas (as defined in the Implementing Regulation).
The Bilateral-Contract model is flexible; negotiating parties can specify their own contract terms.The Hybrid model combines features of Pools and Bilateral Contracts (Shahidehpour et al., 2002).
Three types of markets are simulated: Pool Markets, Bilateral Contracts and Hybrid Markets.The Market Facilitator is the coordinator of the market.
If the previous change produced less revenue per good, then the strategy makes an opposite price change.For Bilateral Contracts Negotiations we also have several behaviour-dependent strategies.
Every contract established, either through Bilateral Contracts or through the Pool, must first be communicated to the System Operator, who analyses its technical viability from the Power System point of view (e.g. feasibility of Power Flow to attend all needs).The Market Operator Agent represents the responsible for the Pool mechanism.
Marketer shall use all commercially reasonable efforts to identify opportunities for the sale of the Power purchased by Marketer from Company under the Camden Transaction Confirmation pursuant to Bilateral Contracts with third parties that Marketer believes would be on terms more favorable than selling the Power under short term arrangements.
For registration of a Trade under the product Bilateral Contracts it is not necessary to provide collateral for its execution.In case of a trade, the Buyer and the Seller settle their financial relations in accordance with the legal requirements.The Buyer and the Seller owe a fee for the trade, determined according to the Fees and Taxes of BETP AD.